Bloomberg UK Chancellor of the Exchequer Philip Hammond will announce a plan to increase house building by almost 40 percent as his Conservative Party seeks to woo younger voters with promises to give them the same home-ownership opportunities as their parents. The government hopes to see 300,000 new homes a year—an increase from the 217,000 built in the past fiscal ...

Bloomberg The Trump administration reiterated its goal to reduce the trade deficit with its NAFTA partners in revised negotiating objectives, while adding in proposals it made during talks that were opposed by Canada and Mexico. The US wants reciprocal market access for manufactured goods as part of its push to improve its trade balance with Canada and Mexico, the office ...

Bloomberg New sport utility vehicles like the Peugeot 5008 and a jump in demand in France helped revive European car sales in October, offsetting another month of consumer unease in the UK on big-ticket purchases. Registrations rose 5.9 percent from a year earlier to 1.21 million vehicles, the Brussels-based European Automobile Manufacturers’ Association, or ACEA, said in a statement. This ...